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Low Income Home Energy Assistance Program Division 10 Service 415 Program 415 Chapters 05 - 65 North Dakota Department of Health and Human Services

Annualizing Income - Samples 415-25-05-15-10 (Revised 10/1/05 ML #2988) View Archives

AVERAGING NOT CALLED FOR:

A household of four applies in November. The husband is a self-employed farmer who also cash rents a portion of his land, collecting the rent twice per year. He works during the school year on a contract basis as a bus driver. His wife has been unemployed several months and collects unemployment compensation weekly. They have a small trust account which earns interest quarterly. Their income is calculated as follows:

Farm Income (from most recent IRS: 5000 x 73%) =

$ 3,650.00 Cash Rent ($2,500 x 2) = 5,000.00 Interest Income (Trust Account) ($25 x 4) = 100.00 Unemployment Compensation ($50 x 52) = 2,600.00 Bus Driver Wages ($2700 x 73%) = 1,971.00 Total Annualized Income $13,321.00

AVERAGING CALLED FOR (Change of more than $400 per month):

A family of three, a woman with two small children, applies on February 5. The woman had worked in December but was laid off in January. She was paid $1,000 in January. The client has received no income in February and none is anticipated. She is rehired for her job on March 1. She knows she will be paid $4.25 per hour, but she does not know how many hours she will work each week. Within the 45 days allowed for processing the